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Morinaga Milk Industry Co Ltd
2264Morinaga Milk Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of various dairy products in Japan and internationally. The company offers dairy products including raw, powdered, concentrated, and condensed milk products; and yogurt, cheese, decorating whipped cream, whey powder, and butter products, as well as chilled and handmade desserts and ice creams. It also provides infant formulas, peptides, probiotics, tea and coffee drinks, milk-based drinks, medical food supplements, lactulose syrups and powders, creaming powders, lactobacillus drinks, and liquid food and supplements, as well as tofu and other processed soybean products. In addition, the company offers infant and toddler milk ingredients, including whey protein concentrate and lactose, as well as bifidobacteria and lactoferrin. Further, it is involved in the sale of nutritional products, pharmaceuticals, and feeds; lease of real estate properties; manufacture and sale food-related machinery; provision of plant design and engineering services; and design and construction of plant equipment. The company was formerly known as Nippon Rennyu Co., Ltd. and changed its name to Morinaga Milk Industry Co., Ltd. in 1949. Morinaga Milk Industry Co., Ltd. was founded in 1917 and is headquartered in Tokyo, Japan. Address: Morinaga Plaza Building Main Building, Tokyo, Japan, 108-8384
Analytics
WallStreet Target Price
549 432.74 JPYP/E ratio
20Dividend Yield
3.75 %Current Year
Last Year
Current Quarter
Last Quarter
Current Year
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Current Quarter
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Key Figures 2264
Dividend Analytics 2264
Dividend growth over 5 years
1700 %Continuous growth
2 yearsPayout Ratio 5 years average
8 %Dividend History 2264
Stock Valuation 2264
Financials 2264
Results | 2019 | Dynamics |